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A distinguished Yale economist and legal scholar’s argument that law, of all things, has the potential to rescue us from the next economic crisis.

After the economic crisis of 2008, private-sector spending took nearly a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach whose proven success is too rarely acknowledged. Harking back to New Deal regulatory agencies, Listokin proposes that we take seriously law’s ability to function as a macroeconomic tool, capable of stimulating demand when needed and relieving deman

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Book ID Asin: 0674976053
Book Title: Law and Macroeconomics: Legal Remedies to Recessions
Book Author: Yair Listokin
Book Format and Price:
Book Format Name: Kindle
Book Format Price: $38.17
Book Format Name: Hardcover
Book Format Price: $42.72-$49.00
Book Price: $49.00
Book Category: Books, New, Used & Rental Textbooks, Business & Finance and unknown
Book Rating: 5 ratings

Law and Macroeconomics: Legal Remedies to Recessions by Yair Listokin Book Review

Name: frequent user
Rating: 5.0 out of 5 stars
Title: Thought-provoking and very well written
Date: Reviewed in the United States on January 21, 2020
Review: This book presents a unique argument: That macroeconomic goals should be considered in the course of setting legal policies and making regulatory decisions. It is very clearly written, understandable by the educated layperson and not laden with jargon or equations. The author starts by explaining the foundations of macroeconomics, then identifies several legal and political policy areas in which macroeconomic goals (for example, reducing the severity of economic down-cycles) might be imported. His discussion of each policy area — including utility regulation and tax law — is a mini-seminar that highlights its political and legal dynamics. The presentation is balanced yet persuasive — the author anticipates counter-arguments and discusses them in an open-minded and fair manner. It is a pleasure to watch a brilliant mind dissect a wide range of policy issues and shine a unique intellectual light on each of them.